ams-OSRAM (OTCMKTS:AMSSY) Trading 14.4% Higher – Should You Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) was up 14.4% on Wednesday . The company traded as high as $12.6650 and last traded at $12.39. Approximately 3,430 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 6,065 shares. The stock had previously closed at $10.83.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AMSSY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, ams-OSRAM presently has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of -6.27 and a beta of 1.75. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The firm has a 50 day moving average price of $11.02 and a 200-day moving average price of $8.63.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). The company had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. As a group, sell-side analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

About ams-OSRAM

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.